Skip to main content

Featured

5 Things to Know Today: TSX Recap, Oil Eases, Loonie Under Pressure & Alberta's Pipeline Announcement (July 3, 2026)

  Friday, July 3, 2026 Here's what's moving markets and your money this morning — from Bay Street to the pumps to Ottawa. 1. TSX gains as investors digest a mixed session The S&P/TSX Composite closed up 0.31% on Thursday at 34,966.67 points (+109.68), its first full trading day back after the Canada Day holiday. Financials were mixed — Brookfield edged higher while TD Bank slipped nearly 1% — but mining stocks got a lift as gold prices ticked up, with Barrick and Franco-Nevada both up more than 3%. Shopify was the standout, jumping over 5% after settling a dispute with Shopline. 2. Oil prices ease as Iran-US talks continue in Doha Crude prices pulled back further and are now trading closer to pre-conflict levels after another round of indirect US-Iran talks in Doha, even though the sides didn't reach a breakthrough. That's welcome news for anyone filling up this long weekend, and it's also easing some of the energy-driven inflation pressure that's been compl...

article

Trump Escapes Prison and Fines in Hush-Money Case

In a landmark decision, President-elect Donald Trump has avoided any prison time or fines in the hush-money case that has captivated the nation. On Friday, Judge Juan Merchan handed Trump an unconditional discharge, sparing him from jail time, fines, or probation. This ruling makes Trump the first convicted felon to hold the White House.

Trump was convicted in May on 34 counts of falsifying business records to cover up a $130,000 payment to adult film star Stormy Daniels during his 2016 presidential campaign. Despite the potential penalties of up to four years in prison and $5,000 in fines for each count, the judge opted for an alternative sentence, citing the unique circumstances of the case.

During the hearing, Trump maintained his innocence and described the case as a "tremendous setback" for the justice system. The decision has sparked widespread debate, with some praising the judge's discretion and others criticizing the lack of tangible consequences for the president-elect.

Trump's legal team has indicated plans to appeal the jury's verdict, but for now, he remains a convicted felon as he prepares to take office on January 20.

Comments